Generate Your Malta Crypto Tax Return in 10 Minutes

In Malta, how crypto is taxed depends on how the activity is characterized:

• HOLDING/Investment - Long‑term investments held as a store of value are generally not subject to capital gains tax when sold.
  
• Trading/Business Activity - Frequent buying and selling, or trading with the purpose of profit, is typically treated as taxable business or trading income and taxed at progressive income tax rates.‍
• Staking, Mining & Income‑Bearing Activities - Income from staking, mining, yield farming, airdrops, or other crypto‑based income is considered part of taxable income.

Below are the typical personal income tax brackets used to tax crypto‑related income for residents:

Chargeable Income (€)

Tax Rate

Up to 12,000: 0%

12,001 – 16,000: 15%

16,001 – 60,000: 25%

Over 60,000: 35%

These rates apply if your crypto activity is treated as taxable income under Maltese rules.

• Malta generally recognises accounting methods like FIFO (First‑In, First‑Out) and other IFRS‑aligned methods for calculating cost basis when multiple acquisitions occur.
  

Common transactions that do not trigger a taxable event in Malta include:

• Buying crypto with fiat
  
• Holding crypto without realised gains
• Transferring crypto between wallets you own

Transactions that typically create a tax obligation include:

• Selling crypto
  
• Income from staking, mining, airdrops, yield farming
  
• Any crypto activity generating income or profit
  

Applies to high‑frequency trading, systematic market operations, or crypto services run as a business:

• Taxed as ordinary business or trading income
• Requires accurate bookkeeping and full reporting on your tax return